LIABILITY OF GENERAL DIRECTORS FOR LOSSES DUE TO INSTRUCTIONS FROM THE MANAGEMENT BODIES AND RECOMMENDATIONS OF THE SUBORDINATES

marketude Igor Brazhevsky, Pubblicazioni, Russia, Russian Brief, Societario e commerciale

The current formal approach – which is based on par. 7 of the Resolution of the Plenum of the Higher Commercial Court dated 30.07.2013 No. 62, as confirmed by the Judicial review approved by the Presidium of the Higher Court dated 25.12.2019 – states that approval by the shareholders/board of Directors does not constitute, by itself, a ground for exemption from liability of the General Director…

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